RCW 48.06.020
Assessment mutuals prohibited—Exceptions.
No insurer shall be formed or be authorized in this state to issue contracts of insurance the performance of which is contingent upon the payment of assessments, assessment premiums, or calls made upon its members. Mutual assessment property insurers and farm mutual assessment property insurers shall be the only exception to this provision.
[1947 c 79 § .06.02; Rem. Supp. 1947 § 45.06.02.]
Structure Revised Code of Washington
Chapter 48.06 - Organization of Domestic Insurers.
48.06.010 - Types of domestic insurers permitted.
48.06.020 - Assessment mutuals prohibited—Exceptions.
48.06.030 - Solicitation permit.
48.06.040 - Application for solicitation permit.
48.06.050 - Procedure upon application.
48.06.060 - Issuance of permit—Bond.
48.06.070 - Duration of permit—Contents.
48.06.080 - Permit as inducement.
48.06.090 - Solicitors' licenses.
48.06.100 - Modification, revocation of permit.
48.06.110 - Bond—Cash deposit.
48.06.130 - Liability of organizers—Organization expense.
48.06.150 - Payment for subscriptions—Forfeiture.
48.06.160 - Insurance applications—Mutual and reciprocal insurers.
48.06.170 - Procedure on failure to complete organization or to qualify.
48.06.180 - Subsequent financing.